Fitch: Colombia must increase permanent income by 2% of GDP for fiscal consolidation

Permanent revenues should increase by approximately 2% of GDP from 2022, advised Fitch. Cyclical rebound and lower temporary spending are expected to lower the deficit from 9.1% of GDP in 2020 to 7.5 % of GDP in 2021 and 4.9% in 2022.

Source: Valoraanalik